Which of the following is equal to government revenue losses attributable to tax law provisions that allow special exclusions,exemptions,or deductions from gross income or that provide a special credit,preferential tax rate,or deferral of liability?

Question

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Tax expenditures refer to losses in government revenue due to special tax provisions, such as exclusions, exemptions, deductions, credits, preferential tax rates, and deferrals. Tax deductions (A) and tax credits (C) are components of tax expenditures. Withholding (D) is the process of deducting taxes from an employee's pay before it is received.

Which of the Following Is Equal to Government Revenue Losses